Halliburton
Climate Impact & Sustainability Data (2018, 2023-01 to 2023-03)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:1,382,496 tCO2e/year
Scope 1 Emissions:1,037,876 tCO2e/year
Scope 2 Emissions:271,233 tCO2e/year
Scope 3 Emissions:73,388 tCO2e/year
Total Energy Consumption:16,945,595 thousand GJ/year
Water Consumption:2,646,230 thousand m3/year
Waste Generated:209,447 metric tonnes/year
Carbon Intensity:58 metric tons CO2e per million U.S. dollars revenue
ESG Focus Areas
- Health, safety and environment (HSE)
- Service quality (SQ)
- Corporate governance and business ethics (including human rights)
- Economic performance
- Supply chain sustainability
- Diversity and inclusion
- Community engagement
- Energy and greenhouse gases
- Environmental stewardship (including climate change)
Environmental Achievements
- Halliburton surface equipment is among the cleanest available, comprising the largest fleet of Tier 4-compliant diesel engines in the U.S. and Gulf of Mexico.
- Developed new chemistries and separation technologies enabling flowback water recycling, reducing fresh water usage in hydraulic fracturing.
- Eliminated the need to operate a Part B Hazardous Waste Treatment, Storage and Disposal Facility for the first time since 2001, resulting in avoided costs of over $5 million annually.
- BaraOmni hybrid separation system won the 2018 World Oil Award for Best Health, Safety, Environment/Sustainable Development-Onshore, reducing energy consumption by 42% compared to conventional thermal treatment.
Social Achievements
- Increased female candidacies for key operational roles by 48%.
- Overall company female professional hiring rate of 23% in 2018.
- Halliburton Foundation contributed $1 million to U.S.-based schools and higher education institutions.
- Halliburton corporate philanthropy, including in-kind donations and employee giving, totaled over $1.9 billion in 2018.
- Enhanced collaboration among Employee Resource Groups (ERGs).
Governance Achievements
- Developed a Human Rights Policy Statement.
- Global Ethics and Compliance addressed 669 reports in 2018.
- 40,834 Halliburton employees received Code of Business Conduct training in 2018.
- 100% of potential suppliers undergo a risk-evaluation process during onboarding.
Climate Goals & Targets
Environmental Challenges
- Takeaway capacity limitations, customer budget constraints, and a sharp decline in commodity prices curbed completions activity in the second half of 2018 in North America.
Mitigation Strategies
- Halliburton is well-prepared to deliver superior returns in this dynamic market due to its leading position in unconventionals and innovative technology.
- Focus on reducing capital spending, developing differentiating technologies, and generating strong cash flow.
Supply Chain Management
Supplier Audits: 100% of potential suppliers undergo risk evaluation; critical suppliers evaluated annually; 1,552 suppliers reviewed for conflict minerals compliance.
Responsible Procurement
- Requires suppliers to uphold fundamental employee rights; 100% of potential suppliers undergo risk evaluation; due diligence checks on international non-commercial agents; training provided on HSE standards, human rights, and conflict mineral compliance; requires DRC conflict-free materials.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, DJSI, CDP, IPIECA, UN SDGs, SASB
Certifications: ISO 9001, ISO 14001, OHSAS 18001, API Q2 (38 certified facilities)
UN Sustainable Development Goals
- Goal 1
- Goal 2
- Goal 3
- Goal 4
- Goal 5
- Goal 6
- Goal 7
- Goal 8
- Goal 10
- Goal 12
- Goal 13
- Goal 14
- Goal 15
- Goal 16
Mapping of material sustainability topics and relevant metrics to the UN SDGs to assess alignment with stakeholder priorities.
Sustainable Products & Innovation
- EarthStar ultra-deep resistivity service
- e-cd Plus automated continuous circulation system
- DataSphere LinX behind-casing monitoring system
- Enhanced Single-Trip Multizone (ESTMZ) system
- Illusion Spire dissolvable frac plug
- BaraOmni hybrid separation system
- EquiFlow autonomous inflow control device (AICD)
Awards & Recognition
- Numerous Health and Safety awards from customers
- Green Star certified by the Alaska Forum
- Best Innovation Award from Total
- 2018 World Oil Awards – Best Health, Safety, Environment/Sustainable Development – Offshore (GRIP)
- 2018 World Oil Award for Best Health, Safety, Environment / Sustainable Development- Onshore (BaraOmni)
Reporting Period: 2023-01 to 2023-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Emissions Reduction Target: reduce Scope 1 and Scope 2 emissions by 40% by 2035 from our baseline year of 2018
Social Achievements
- Provide a diverse and inclusive environment for our employees
- Target to outperform our sector in HSE performance
- Progress our Journey To Zero initiatives
Governance Achievements
- Streamline our risk management
- Cultivate a sustainable supply chain
- Maintain qualified and diverse Board of Directors
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed